Category: Blockchain

Lens Protocol announces it is to Access Social Features of Web3

Consumers are demanding a greater degree of control over the data that they provide, which is putting pressure on social media networks. Can Web3 help? The majority of individuals all over the world utilize social media. The proliferation of social media platforms gives rise to problems. Problems arise as a result of the fact that…

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Global AUM Giant Fidelity Sets Foot in Digital Asset Industry

Fidelity Investments is one of the top entities in the world which single-handedly manages conventional assets worth more than $10 Trillion. It has been part of the corporate industry for several decades and is considered a financial giant throughout the world. Aimed with the objective of exploring a dynamic industry, Fidelity Investments has decided to…

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Fidelity Goes on a Trademarks Filing Spree for Metaverse Products and More

Fidelity Investments, a major Management, and Research (FMR) firm have made it to the headlines in the crypto world following its applications for trademarks. The entire cryptocurrency industry is surprised to learn that the firm has filed three different applications for trademarks. This means that the company has submitted a request for the approval of…

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Solana Blockchain to Become Less Attractive as Two NFT Projects Jump Ship

Although things were not going smoothly for the Solana blockchain since the beginning of 2022, it was something felt by the entire crypto industry. Just when the Solana blockchain thought it will be able to get through the difficult situation like the rest of the networks, it was hit by the FTX crash. Despite facing…

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Binance Is Coming Up With Education Program For Kazakhstan Based On Blockchain Technology

The Binance exchange is eager to bring in more cryptocurrency exposure to the entire world. Although the exchange has been making several attempts for that it needs other entities to show willingness. If Binance wants to bring cryptocurrencies and their exposure to the public, the people have to be open to that. Similarly, if Binance…

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A Platform Based On Solana Blockchain Faces A Major Attack, Ends Up Losing $2 Million

Raydium, a decentralized finance (DeFi) protocol based on the Solana blockchain has faced a major exploit. The protocol has ended up losing a huge amount as a result of the hack attack. Statement Issued by Raydium The officials at Raydium issued a statement in regard to the exploit. The teams revealed that the hack attack…

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Italy’s Banking And Insurance Markets To Be Supported By Algorand Blockchain

Italy has been looking forward to adopting blockchain technology and it aims to do it starting with banking and insurance solutions. As per reports, the country is looking forward to launching an innovative digital guarantee platform that would target the insurance and banking sectors. Italy Chooses Algorand Blockchain As per the reports, Italy has decided…

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Telegram Takes Blockchain Utility To Another Level Issuing No-Sim Accounts

Telegram, a major messaging application has made an announcement about launching a new utility for users. Telegram has announced that users will be able to open up an account with their platform without the need for a number. Telegram Launches Anonymous Blockchain Numbers The company has announced that users no longer have to worry about…

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Canada’s Biggest Pension Plan Ends Pursuit Of Crypto Investment

CPP Investments is the biggest pension fund in Canada and two people familiar with the matter said that it has now abandoned its efforts of studying investment opportunities in the unpredictable crypto market. However, the reasons behind CPPI’s decision to end its research into the crypto market were not made clear immediately. The pension fund…

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USDA: A Stablecoin Based on Cardano Scheduled to Debut In 2023

The United States Department of Agriculture (USDA) will debut on Emurgo in the first quarter of 2023. The Cardano blockchain’s official business arm and founding member is Emurgo. On the other hand, USDA is a controlled stablecoin anchored to the U.S. Dollar. The USDA will be the first stablecoin in the Cardano ecosystem. USDA Is…

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Sequans And Skyworks Have Unveiled The LTE-M/NB-IoT SiP

The SKY66431 has been introduced, according to a press release from Sequans Communications (NYSE: SQNS) and Skyworks Solutions (Nasdaq: SWKS). SKY66431’s Introduction and Its Capabilities The SKY66431 is a system-in-a-package (SiP) solution for the 5G M2M/Internet of Things market. Skyworks’ cutting-edge R.F. front-end technology is combined with Sequans’ cutting-edge Monarch 2 modem in this innovative…

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Helium And Solana Mobile Partners to Launch A Crypto Carrier 5G Network In U.S

An Overview The upcoming Helium 5G network will be supported by Solana Saga Smartphones. The company would combine the T-nationwide 5G network and the decentralized Helium 5G network to project the first crypto-powered cellular service. Saga phone users will earn tokens as a reward for using the Helium network. Helium Mobile, a decentralized crypto-automated wireless…

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STASIS Confirms Incorporation of EURS on Ripple Blockchain

Featuring a couple of thousands of subscribers, EURS is the most popular virtual currency for the Euro and counts within the 10 leading crypto assets globally. Ripple Labs gave STASIS the professional assistance necessary to complete the implementation, in addition to the XRPL Framework and Forum. The financial technology organization is currently trying to enter…

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Next Block Expo 2022 Will Include Europe’s Top Startups and Blockchain Community

The most significant web3 individuals and projects will assemble at the Next Block Expo (NBX). The dates for this are November 23 and 24, and the site is Berlin Station. Several thousand people are anticipated to attend the event. Among the companies that took part in the event were the Binance Chain, Ethereum Foundation, Polygon,…

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Singapore MAS And The New York Fed Are Working Together to Examine CBDCs

Collaborations between the Monetary Authority of Singapore (MAS) and the Federal Reserve Bank of New York’s New York Innovation Center (NYIC) will take effect. The partnership aims to conduct an experiment employing central bank wholesale digital currency (wCBDCs). Regulators are curious about wCBDC’s capability to process international wholesale payments. The Introduction of Project Cedar Phase…

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Kenyan Firm Nuzo Introduces Blockchain-Based Ecommerce for Africa

Nuzo is pioneering Kenya’s e-commerce industry with its new Shop-to-Earn platform. Kenya-based firm Nuzo caters to micro, small, and medium-sized businesses. This will allow online merchants to gain Nuzo Coins via regular buying and selling activities. Later on, online merchants can trade these tokens for services or merchandise. Forty thousand people are already a part…

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Circle Declares Expansion of Euro Coin (EUROC) To the Solana Blockchain

According to Sheraz Shere, introducing EUROC to Solana will open up new applications for real-time foreign exchange. Shere is Solana Labs’ Head of Payments. Due to the addition of a new base currency, traders will have more alternatives now. It will also allow merchants to borrow and lend money using stablecoin. FTX Will Facilitate Transactions…

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Samsung Employs Blockchain Tech To Secure User Devices

According to reports, Samsung, the tech and electronics giant, has embraced blockchain technology. The aim is to add more security to the personal devices and electronics of users. The new network, dubbed Knox Matrix, will function as a private blockchain network to safeguard users. Samsung Embraces Blockchain Technology  According to Samsung, the Knox Matrix will…

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Solve.Care And ClinicalSquared To Create Healthcare Networks 

Solve.Care And ClinicalSquared announced today their decision to join forces to develop Web3 health networks on Solve.Care’s blockchain. The company announced the development at the Blockchain and Infrastructure Conference, which took place in Washington, DC. Solve.Care And ClinicalSquared To Develop Care.Networks Solve.Care is a healthcare firm that uses blockchain technology to provide enhanced healthcare services.…

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Upstairs Debuts As The First NFT Marketplace In Asia

Upstairs NFT marketplace has emerged as the first NFT market in Asia. The platform offers reputable, utilitarian, and exclusive NFTs with a good user experience. Upstairs will open the market to the public on October 10th. Upstairs Striving To Change The NFT Landscape In Asia In recent years, the NFT industry has grown into a…

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EU To Use Blockchain Technology To Combat Tax Evasion

According to reports, members of the European Parliament (EP) have voted in favor of a recent resolution. The resolution aims to use blockchain technology to combat tax evasion. The European Union (EU) will also use blockchain technology to coordinate crypto tax policy. EU Adopts Blockchain Technology To Combat Tax Evasion  On October 4th, the EP…

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